Tag: adx indicator

4 posts

Heiken Ashi + ADX + Stochastic Trading Strategy

Today, we will speak about another trading strategy meant for minute charts, with a potential profit of 10-15 points per trade. The characteristic feature of this strategy is the use of the ADX indicator on small timeframes: normally, it is used on daily charts, as its author advised.

How Can ADX Help a Trader?

the ADX, or the Average Directional Movement Index, has not become as widespread as, say, the RSI. It is most likely due to the complexity of its formula; what is more, it is more of a trend indicator, and a beginner is seldom ready to trade large movements with large Stop Losses.

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